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Zach Haptonstall Did An $11M Multifamily Deal Despite 10-Yr High Interest Rates (Here’s How)

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Manage episode 380618945 series 2883325
Content provided by The Donis Brothers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Donis Brothers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today’s guest - Zach Haptonstall- is the Chief Executive Officer and Co-Founder of Rise48 Equity, which has completed over $1.93 Billion in total transactions and purchased over 7,400 units since 2019. He recently did an $11 million multifamily deal - despite historic obstacles in the market. Today, we’re diving into how he did it.

Zach Haptonstall is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Rise48 Equity is a retail syndication Multifamily Investment company with offices in Phoenix, Arizona, and Dallas, Texas. Rise48 Equity has completed over $1.93 Billion in total transactions and purchased 42 assets, 7,400+ units since 2019. They currently have $1.49 Billion+ of Assets Under Management in Phoenix and Dallas. They have completed 11 Full-Cycle Dispositions and returned capital to investors. The company has 190+ Full-Time Employees on Full Healthcare Benefits. Rise48 Communities is the vertically-integrated property management company that manages all assets owned by Rise48 Equity. They do all the construction management, property management, and asset management in-house with their staff. They only manage Rise48 assets and do not provide third-party management. Zach’s main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He and his wife, Grace own homes in both Phoenix and Dallas where they split their time between offices.

During our conversation, I ask Zach:

🔥 How he broke into one of the most competitive markets in the country.

🔥 The ins -and-outs of an $11 million multifamily deal he did in a volatile interest rate environment.

🔥 What does he say to investors with concerns that he hasn’t experienced a market downturn?

🔥 How does he know he’s not overpaying for assets?

🔥And more!

Get In Touch With Zach:

—-------------------—-----------------------------------------------------------------------------------

If you want to download our FREE 3-Step Passive Investing Checklist, go to https://www.donisinvestmentgroup.com/checklist

Follow Us:

@donisbrothers on Instagram, Twitter, Facebook

@Donis Investment Group on Linkedin

Website – https://www.donisinvestmentgroup.com/

https://www.donisinvestmentgroup.com/checklist

  continue reading

240 episodes

Artwork
iconShare
 
Manage episode 380618945 series 2883325
Content provided by The Donis Brothers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Donis Brothers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today’s guest - Zach Haptonstall- is the Chief Executive Officer and Co-Founder of Rise48 Equity, which has completed over $1.93 Billion in total transactions and purchased over 7,400 units since 2019. He recently did an $11 million multifamily deal - despite historic obstacles in the market. Today, we’re diving into how he did it.

Zach Haptonstall is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Rise48 Equity is a retail syndication Multifamily Investment company with offices in Phoenix, Arizona, and Dallas, Texas. Rise48 Equity has completed over $1.93 Billion in total transactions and purchased 42 assets, 7,400+ units since 2019. They currently have $1.49 Billion+ of Assets Under Management in Phoenix and Dallas. They have completed 11 Full-Cycle Dispositions and returned capital to investors. The company has 190+ Full-Time Employees on Full Healthcare Benefits. Rise48 Communities is the vertically-integrated property management company that manages all assets owned by Rise48 Equity. They do all the construction management, property management, and asset management in-house with their staff. They only manage Rise48 assets and do not provide third-party management. Zach’s main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He and his wife, Grace own homes in both Phoenix and Dallas where they split their time between offices.

During our conversation, I ask Zach:

🔥 How he broke into one of the most competitive markets in the country.

🔥 The ins -and-outs of an $11 million multifamily deal he did in a volatile interest rate environment.

🔥 What does he say to investors with concerns that he hasn’t experienced a market downturn?

🔥 How does he know he’s not overpaying for assets?

🔥And more!

Get In Touch With Zach:

—-------------------—-----------------------------------------------------------------------------------

If you want to download our FREE 3-Step Passive Investing Checklist, go to https://www.donisinvestmentgroup.com/checklist

Follow Us:

@donisbrothers on Instagram, Twitter, Facebook

@Donis Investment Group on Linkedin

Website – https://www.donisinvestmentgroup.com/

https://www.donisinvestmentgroup.com/checklist

  continue reading

240 episodes

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